Sunday, January 18, 2015

Come on man, buy yourself a clue

"Obama calls for increased taxes on couples making more than $500,000 to 'help the middle class''

The proposed increase is on capital gains, not regular income. If you have $10 million invested and it earns 5 percent, or $500,000, your taxes don't change. It goes up 8 4.2 percent after that. I think they'll be all right. We can pass the hat if not.